A few years back, the automotive industry faced a double blow with declining sales and financing options. Meanwhile, car sales revived but auto loan doesn’t follow the pattern. It’s been…
Car Finance
rewrite this title with different wordingCar Financing Falls 23 Months in A Row
rewrite this content with different wording and keep HTML tags It’s been about 24 months since auto financing observed a consecutive downtrend. This episode commenced soon after the country’s economy…
Auto Loan Declines for 20 Consecutive Months
After a recent decline in car sales, the latest update highlights the grim situation in the local auto industry. Just a few days ago, the PAMA sales report showed an…
Nineteen straight months of decline in car financing
In January 2024, Pakistan’s automobile financing sector saw a substantial decrease of 25.82% year-on-year, dropping to Rs. 246.26 billion from Rs. 331.98 billion in January 2023. This decline continued with…
Eighteen Continuous Months of Declining Car Finance
A recent report from the State Bank of Pakistan (SBP) has shown a continued decrease in outstanding car finance for the 18th month in a row, indicating a significant change…